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Investment Opportunity 635-643 S La Grange Rd 12,600 SF 100% Leased Retail Building La Grange, IL 60525 $810,000 ($64.29/SF)



INVESTMENT HIGHLIGHTS
- Prime LaGrange Road frontage with high traffic counts
- Located in an affluent, high-demand suburban market
- Excellent connectivity to I-55 and I-294 for regional access
- Fully leased multi-tenant building generating strong income
- Flexible C-3 zoning supports multiple future uses
EXECUTIVE SUMMARY
Positioned along the highly visible LaGrange Road corridor, this fully leased multi-tenant commercial property offers a rare investment opportunity in one of Chicago’s most desirable suburban markets. Constructed in the 1950s with durable masonry, the building spans 12,600 square feet on a 12,500-square-foot site, delivering strong curb appeal and excellent exposure to over 26,000 vehicles daily. The property benefits from C-3 commercial zoning, allowing for a wide range of potential uses and future adaptability.
The asset features a diverse tenant mix, ensuring stable income streams and reducing vacancy risk. With a gross annual income of $140,640 and a competitive asking price of $810,000, this property presents an attractive cap rate for investors seeking long-term value. Surrounding demographics underscore the strength of the location: within a 3-mile radius, the population exceeds 100,000 with an average household income of $138,826, signaling robust consumer spending power.
LaGrange is a vibrant community known for its walkable downtown, affluent neighborhoods, and proximity to major transportation routes. The property’s strategic location offers easy access to I-55 and I-294, connecting tenants and customers to the broader Chicago metropolitan area. Whether you’re an investor seeking steady returns or a user looking for a prime location, this property delivers exceptional visibility, strong fundamentals, and enduring market appeal. CALL BROKER FOR RENT ROLL.
The asset features a diverse tenant mix, ensuring stable income streams and reducing vacancy risk. With a gross annual income of $140,640 and a competitive asking price of $810,000, this property presents an attractive cap rate for investors seeking long-term value. Surrounding demographics underscore the strength of the location: within a 3-mile radius, the population exceeds 100,000 with an average household income of $138,826, signaling robust consumer spending power.
LaGrange is a vibrant community known for its walkable downtown, affluent neighborhoods, and proximity to major transportation routes. The property’s strategic location offers easy access to I-55 and I-294, connecting tenants and customers to the broader Chicago metropolitan area. Whether you’re an investor seeking steady returns or a user looking for a prime location, this property delivers exceptional visibility, strong fundamentals, and enduring market appeal. CALL BROKER FOR RENT ROLL.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
12,600 SF
Building Class
C
Year Built
1960
Price
$810,000
Price Per SF
$64.29
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.29 AC
Zoning
C-3 - Commercial
Frontage
44’ on S La Grange Rd
AMENITIES
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $58,884 | |
| Land Assessment | $15,300 | Total Assessment | $74,184 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$15,300
Improvements Assessment
$58,884
Total Assessment
$74,184
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Investment Opportunity | 635-643 S La Grange Rd
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